The link between financial education and financial literacy: A cross-national analysis

John Jerrim, Luis Alejandro Lopez-Agudo and Oscar David Marcenaro-Gutierrez
Authors registered in the RePEc Author Service: Oscar Marcenaro Gutierrez

The Journal of Economic Education, 2022, vol. 53, issue 4, 307-324

Abstract: Financial literacy is a competence that extends to many aspects of everyday life. The Great Recession has recently highlighted its relevance and the importance of financial literacy training in the school curricula. The authors use PISA 2015 data to investigate the link between financial education and young people’s financial literacy across 15 countries using a student fixed-effects approach. Their results illustrate how financial education is still in its infancy within many countries and does not seem to improve young people’s ability to apply financial skills in real-world situations.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jeduce:v:53:y:2022:i:4:p:307-324

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DOI: 10.1080/00220485.2022.2111383

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